Sell Scrap Silver Online

Welcome to reDollar, the best place to sell scrap silver online. We are a very well-known Fintech Startup company revolutionizing the silver- & gold- buying industry by paying the highest possible prices for silver. We are transparent and beneficial like a bank. Order your “Scrap Silver Selling Kit” today: Alan is our scrap metal manager and works with his team on your delivered scrap silver. All items arriving in our laboratory are evaluated and reviewed by a team of experts hired by Alan. We treat all pieces of silver as if they are our own, getting you the most profit out of them.

It’s worth it to sell your scrap silver. Your scrap silver is probably worth more than you think: a single sterling silver spoon weighing 85 grams is worth $31.61, a silver tray weighing 780 grams is worth $290.04, a pouch of old silver coins weighing 375 grams can sell for $139.44, and a bunch of old silver chains and rings weighing 430 grams realizes $159.89 today.

Silver is an important part of American history and is the most widespread precious metal in the US. You can find silver almost everywhere: in jewelry, coins, ingots, flatware, silverware, dental gold, artificial joints, electronics, artwork, medals, musical instruments, and even special glues or photo paper. Most of those items end up as scrap silver, sooner or later. But what do you do with scrap silver? You can sell it, but you need a reliable buyer to sell scrap silver for a high and fair price. If you have done some research, you’ve probably found out that the price silver buyers are willing to pay often has nothing to do with the current spot price. We at reDollar think the purchase price should be close to the silver spot price. reDollar offers the opportunity to sell scrap silver and other precious metals for truly high prices. We run our own refinery, and our in-house experts are able to determine the value of scrap silver extremely precisely, based on the current silver price. Individuals as well as commercial sellers can sell their scrap silver with us. We’ll buy any quantity, from three silver spoons to a barrel filled up with scrap silver. The keys to a satisfying selling experience are a high offer price and excellent service. reDollar.com has very high standards of dealing with precious metals. Our company’s philosophy values the highest prices, ingenuity, and promptness. We are the perfect partner for individuals who want to sell some scrap silver from their households, those ready to sell their inherited scrap silver, liquidators, authorities, or even for collectors selling silver left over from recent deals. Even if you’re just selling to get some extra cash, reDollar.com is the best option for you. Our selling process was created to make you cash in less than 48 hours, no matter where you live in the US. A New York-based customer will get his cash as fast as a customer from Alaska. That’s reDollar.com, and that’s what we do!

What kind of scrap silver can you sell? What is considered scrap silver?

The term “scrap silver” refers to silver items that have lost their original purpose of use. A silver vase turns into scrap silver if it’s damaged or out of fashion and no longer worth displaying. A silver tray becomes scrap silver if it gets scratched and its owner stops using it as a tray. Removed bone screws used for surgical implants are considered scrap silver because most states prohibit reusing them due to standards of hygiene. Also, in many circumstances, silver bone screws that have been removed are the patient’s property. With reDollar, you can sell any kind of scrap silver, ranging from damaged silver jewelry to scratched silver decorations or even silver bone screws. Only hazardous materials are prohibited from being sent to our laboratory.

As you learned before, scrap silver is a broad and common term. Scrap silver also includes items made of silver without an significant resale value. A beautiful silver medal can be classified as scrap silver when there is no demand from buyers. Every day, we receive nice-looking silver items that dealers tried to sell for more than just the material value. After a while, they get frustrated and tired of keeping silver items worth hundreds of dollars. Sometimes it’s better to sell an item as scrap silver for an immediate cash return than to wait months or even years to make a bit more. It’s all about cash flow, right? Selling a pretty silver item for more cash than its material value requires marketing and selling expenses. You have to properly store the item, you have to take photos of it, you have to enhance those photos using software, you have to provide an item description, and finally you have to wrap it carefully to ensure safe shipping. And it can be even worse if your silver is tarnished. Then you have to spend more hours working on the item before it’s ready for selling. In most circumstances, the time, the hassle, and with aren’t worth the extra buck.

Attention! Cost Trap! Selling a silver item worth $500 costs up to $175 with your local auctioneer and around $75 with online auctions. Save time and money by not auctioning off your scrap silver.

Scrap silver we accept

You’ve already learned that you can sell any scrap silver with the exception of hazardous items. Below, we’ve provided an overview of the most common scrap silver items we receive in our laboratory. Don’t worry if the silver item you plan to sell is not listed. As long as it’s not hazardous, we’ll accept it and pay you the highest possible price.

Sell scrap silver jewelry

You can sell any scrap silver jewelry to our company. There is no need to clean the items you plan to deliver. We remove gemstones, artificial stones, pearls, and all non-precious parts for you at no cost to get a clean scrap silver lot. We’ll also return all removed items to you if you wish.

Sell scrap silver coins

You can sell any scrap silver coins with us. We accept all silver alloys ranging from .500 silver to .999 fine silver. We double -check all coins and rounds we receive for any potential value above the scrap price. If we determine a coin has special value, it’s up to you to decide if you want to sell it with the rest of your scrap silver or reclaim it and have it returned to you.

Sell scrap silver cutlery

You can sell any scrap silver cutlery like forks, knives, or spoons to us. To make blades harder, most of them aren’t made of silver, and many knife handles are filled with sand or cement for a better cutting experience. We remove those non-precious parts at no cost to you.

Sell silver cutoffs, filings, granules, etc.

Silversmiths, jewelers, and jewelry designers are invited to sell us their scrap silver, including cutoffs, filings, granules, wires, or sheets. You can either receive a large payment or, depending on availability, receive .925 sterling silver or .999 fine silver for your work.

Sell decorative scrap silver

You can sell any decorative scrap silver items to us. We accept vases, trays, cups, bowls, boxes, frames, mirrors, candlesticks, jars, figures, and much- from sellers like you. Our experts will even examine your items for free to see if any piece is worth more than just the silver price.

Sell scrap silver watches

You can sell any scrap silver watches to our company: pocket watches, wristwatches, table watches, or other watches. We carefully remove the crystal, clockwork, and other non-silver parts return to you if wanted. You’ll receive a separate offer for any watches worth more than just the silver price.

How much is scrap silver worth?

It depends on when you sell scrap silver. The amount a reliable silver buyer can pay for your scrap silver depends on the current silver price, and that price fluctuates constantly. In fact, now is a good time to sell scrap silver. In 1995, the average value of one ounce of fine silver was $5.20; in 2000, the average price per troy ounce was $4.95; and in 2005, silver was worth $7.22. Between 2008 and 2016, we have seen a crazy silver market with rapidly rising prices and extremely fast-dropping prices. Nothing has been certain in the last few years. Today, one ounce is worth $14.69 (.999 silver), which is far more than the average silver price we have experienced in the past. If we compare today’s silver prices with those of 2011 ($35.11 per ounce), then yes, the price could be higher, but when is the perfect time for selling? If you wait too long and the silver market drops again, you lose more money than you could have made. Individuals and non-commercial sellers shouldn’t place too much importance on the current silver market price. If you are planning to sell your silver, there is probably a good reason for it. Don’t put the current price over your reason for selling. We’ll ensure that you get paid the highest possible price and receive your money as soon as possible. Finally, remember that knowing a silver buyer who is able and willing to pay really high prices is more important than the current silver price itself. There is no financial benefit if the silver price is exceptionally high but a prospective buyer will only offer 50% of the spot price. Makes sense, right?

We discover the treasure in your scrap silver!

Silver treasure still exists but is hard to recognize without extensive knowledge, even for a reDollar expert working individually. You need a team of experts, because the indicators telling you “that’s a piece of interest” are often barely visible and hidden in hard-to-read hallmarks. Valuable silver often comes from the “Old Europe” and countries like Italy, England, Germany, France, Spain, Belgium, Sweden, Scotland, and of course Russia. It can also be difficult to determine the origin of silver from Asia and South America, which is why a team of experts must be involved in the evaluation -process. Hallmarks, engravings, serial numbers, inventory numbers, stickers, monograms, crests, or statements can help you recognize a highly valuable item in your lot. These items are rare, but they do exist, and we don’t want want you as a silver seller to miss the chance to recover a high-value piece, nor do we want to destroy a historical piece inherited from our forefathers. reDollar’s solution to ensure that any treasure gets discovered is group work. All scrap silver arriving in our laboratory undergoes a so-called “inspection-process” performed by several reDollar experts. Four, six, or even eight eyes see and know more than just two. Sell your scrap silver with us – because you don’t want to risk missing out on a potential silver- jackpot!

Silver Fact Check

Silver is considered a precious metal, although it does not belong to the platinum-group elements (platinum, palladium, rhodium, iridium, osmium, and ruthenium). Silver’s abundance in Earth’s crust is very low. What makes it a precious metal is the fact that it shows similar abilities to remain unaltered under conditions affecting base metals.

4500 BC

Silver was used in Babylon as a monetary instrument.

380 AD

Silver hallmarks were first used in Rome, Italy.

1238

In 1238, the English emperor set fineness -standards for silver.

Tarnishing

Silver tarnishes under certain conditions.

Silver Alloy

The most important silver alloy in the United States is known as sterling silver. 75/1000 parts of copper and 925/1000 parts of silver create sterling silver.

An average gold buyer, pawn shop, or scrap dealer in your neighborhood is not able to pay the highest prices because they don’t have the huge turnover needed to pay close to the spot price. You need to acquire a lot of scrap silver so that costs for trading and refining can be covered. reDollar.com gets a lot of scrap silver and is therefore able to pay truly high prices. With the help of our melting department, we can melt even small quantities of scrap silver, without burdening our customers with any expenses. Theoretically, we could melt five silver spoons without generating costs. Our goal is to provide the best imaginable assay -result for your scrap silver. We promise that with our satisfaction guarantee.

Where can you find scrap silver to make some extra cash?

We know some people who make a living by collecting scrap silver and other scrap metals. These people provide free pick-up of unwanted household goods in hopes that they’ll find sellable metals hiding among the items. Other spots where scrap silver can be found are flea markets, garage sales, storage auctions, or beaches and parks where visitors lost jewelry. It is also often found among inherited items. Our regular customers get advice on where scrap metals are hiding in their specific region. Just ask our sales team for more information.